Nora_Woods
New Member
I bought a house in June 2005. My appraisal comparables were houses not in my sub division. The houses in my sub division are all comparable within 10-30,000 dollars.
Looking at the county's records, I see that I paid about 60,000 more then a person buying a house 5 months before and 5 months afterward. There was a spike at the time of about 4 houses in the 3 to 4 month period I bought mine in, where the buyers paid 60,000 to 80,000 more then at any other time.
My questions are: how can I tell if the appraisal is fraudently inflated or was it just bad timing on my part?
2nd question: If I can determine fraud, what steps can I take to remedy this?
And how sucessful might I be?
Looking at the county's records, I see that I paid about 60,000 more then a person buying a house 5 months before and 5 months afterward. There was a spike at the time of about 4 houses in the 3 to 4 month period I bought mine in, where the buyers paid 60,000 to 80,000 more then at any other time.
My questions are: how can I tell if the appraisal is fraudently inflated or was it just bad timing on my part?
2nd question: If I can determine fraud, what steps can I take to remedy this?
And how sucessful might I be?